SHA:688799 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	211.12	203.78	177.74	379.65	191.29	353.39
Short-Term Investments	-	50	296.78	349.66	181.66	-
Trading Asset Securities	50	10	183	15	325	400
Cash & Short-Term Investments	261.12	263.78	657.52	744.31	697.95	753.39
Cash Growth	-11.77%	-59.88%	-11.66%	6.64%	-7.36%	853.42%
Accounts Receivable	255.86	279.1	226.19	183.54	180.54	129.2
Other Receivables	4.85	3.21	16.5	2.14	2.19	1.49
Receivables	260.72	282.31	242.69	185.68	182.73	130.68
Inventory	397.86	392.46	412.43	362.67	339.26	300.53
Prepaid Expenses	-	3.13	2.48	1.11	1.83	2.49
Other Current Assets	144.33	234.54	118.15	55.98	26.57	18.89
Total Current Assets	1,064	1,176	1,433	1,350	1,248	1,206
Property, Plant & Equipment	1,476	1,003	687	596.78	563.76	472.98
Long-Term Investments	860.85	542.19	43.49	47.15	36.05	34.11
Goodwill	-	-	32.38	32.38	32.38	-
Other Intangible Assets	168.99	168.59	186.09	76.62	81.06	57.56
Long-Term Deferred Tax Assets	27.11	40.45	39.81	18.73	14.2	12.29
Long-Term Deferred Charges	47.26	24.94	10.44	5.32	3.26	0.23
Other Long-Term Assets	50.31	98.57	27.14	50.21	29.92	14.38
Total Assets	3,694	3,054	2,460	2,177	2,009	1,798

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	264.55	181.53	139.92	89.5	71.13	80.9
Accrued Expenses	17.17	37.06	24.51	26.04	20.61	72.81
Short-Term Debt	-	-	3.77	-	-	-
Current Portion of Long-Term Debt	1.66	0.37	0.05	0.01	-	-
Current Income Taxes Payable	4.83	4.38	13.32	9.97	1.29	0.94
Current Unearned Revenue	66.32	72.48	88.99	80.13	82.41	62.75
Other Current Liabilities	231.93	114.88	148.46	130.73	119.4	42.19
Total Current Liabilities	586.46	410.7	419.02	336.38	294.83	259.59
Long-Term Debt	857.58	497.6	113.93	17.11	-	-
Long-Term Unearned Revenue	100.79	102.65	98.8	49.94	53.19	56.92
Long-Term Deferred Tax Liabilities	-	-	0.02	-	2.33	0.01
Other Long-Term Liabilities	-	-	5.28	5.28	-	1.55
Total Liabilities	1,546	1,011	637.06	408.7	350.35	318.07

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	133.64	131.32	93.8	93.8	93.8	93.8
Additional Paid-In Capital	914.37	870.1	850.34	850.34	850.34	850.34
Retained Earnings	1,100	1,041	859.27	779.37	652.47	535.33
Total Common Equity	2,148	2,043	1,803	1,724	1,597	1,479
Minority Interest	-	-	19.17	44.73	62.01	-
Shareholders' Equity	2,148	2,043	1,823	1,768	1,659	1,479
Total Liabilities & Equity	3,694	3,054	2,460	2,177	2,009	1,798

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	860.32	497.98	117.75	17.12	-	-
Net Cash (Debt)	-599.21	-234.2	539.77	727.19	697.95	753.39
Net Cash Growth	-	-	-25.77%	4.19%	-7.36%	853.42%
Net Cash Per Share	-4.39	-1.74	4.11	5.53	5.32	6.73
Filing Date Shares Outstanding	130.58	131.32	131.32	131.32	131.32	131.32
Total Common Shares Outstanding	130.58	131.32	131.32	131.32	131.32	131.32
Working Capital	477.55	765.52	1,014	1,013	953.5	946.38
Book Value Per Share	16.45	15.56	13.73	13.12	12.16	11.27
Tangible Book Value	1,979	1,874	1,585	1,615	1,483	1,422
Tangible Book Value Per Share	15.16	14.27	12.07	12.29	11.29	10.83
Buildings	-	467.65	316.97	325.35	313.1	304.86
Machinery	-	581.56	539.11	491.33	372.49	274.63
Construction In Progress	-	323.73	143.06	27.62	70.5	43.05